BAC.MX - Bank of America Corporation

Mexico - Mexico Delayed Price. Currency in MXN
545.00
+0.01 (+0.00%)
At close: 2:05PM CDT
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Previous Close544.99
Open0.00
Bid0.00 x 1500000
Ask0.00 x 1500000
Day's Range0.00 - 0.00
52 Week Range
Volume0
Avg. Volume31,763
Market Cap5.885T
Beta-0.37
PE Ratio (TTM)316.13
EPS (TTM)1.72
Earnings DateN/A
Forward Dividend & Yield9.68 (1.73%)
Ex-Dividend Date2018-05-31
1y Target EstN/A
  • The Wall Street Journal7 hours ago

    [$$] Stan O'Neal Ended the ‘Mother Merrill’ Culture and Hasn’t Run a Company Since

    A decade after the financial crisis, The Wall Street Journal has checked in on dozens of the bankers, government officials, chief executives, hedge-fund managers and others who left a mark on that period to find out what they are doing now. Today, we spotlight ex-Merrill Lynch CEO Stanley O’Neal and Phil Angelides, former head of the Financial Crisis Inquiry Commission. Stanley O’Neal left Merrill Lynch & Co. in shambles, and his career hasn’t been the same ever since.

  • The Wall Street Journal15 hours ago

    [$$] Bank of America Earnings Preview

    Here’s what to look for when the second largest U.S. bank by assets reports second-quarter results Friday.

  • Economic Calendar - Top 5 Things To Watch This Week
    Investing.com19 hours ago

    Economic Calendar - Top 5 Things To Watch This Week

    Investing.com - Geopolitics could hang over the market in the coming week, as investors look ahead to an unprecedented meeting between U.S. President Donald Trump and Russian President Vladimir Putin on Monday.

  • InvestorPlace2 days ago

    JPMorgan Chase Beats on Earnings, But Will It Matter?

    Once again, JPMorgan Chase (NYSE:JPM) has handily beat earnings estimates. JPM earnings for the second quarter came in nicely ahead of consensus. JPM stock actually is down modestly in Friday afternoon trading, while markets as a whole have risen.

  • "Big Four" white-collar giant moves Nashville hub, names new chief
    American City Business Journals2 days ago

    "Big Four" white-collar giant moves Nashville hub, names new chief

    One of the world's "Big Four" accounting firms is moving its Nashville office to a new downtown tower — and naming a new local leader in the process. Ernst & Young, which operates as EY, is moving into the 222 building, named for its address at 222 Second Ave. S. A building permit discloses that the firm is taking 17,500 square feet, where more than 300 employees will be stationed in early 2019. In a July 13 announcement, the firm also revealed that Doug Rohleder is the new managing partner of the Nashville office.

  • BofA Agrees to Settlement With Former Executive Omeed Malik
    Bloomberg2 days ago

    BofA Agrees to Settlement With Former Executive Omeed Malik

    Bank of America Corp. agreed to pay an undisclosed multimillion-dollar sum to settle claims of defamation brought by former executive Omeed Malik, who was fired by the bank earlier this year, according to a person familiar with the matter. Malik sought $100 million in an arbitration case against the company filed with the Financial Industry Regulatory Authority and planned to bring a discrimination lawsuit in state court, his lawyer said at the time.

  • Solid profits expected in Bank of America's latest earnings report
    American City Business Journals3 days ago

    Solid profits expected in Bank of America's latest earnings report

    Analysts expect another positive report when Charlotte-based Bank of America Corp. releases its second-quarter earnings Monday morning.

  • CNBC3 days ago

    The best easy, no-fee travel credit card

    If you want a travel card that will help you rack up points without the headache of spending categories or annual fees, look no further. In a recent analysis of the best travel credit cards, CNBC Make It reviewed 35 of the most popular travel cards in the U.S. Using a sample budget based on data from the Bureau of Labor Statistics, we estimated how much money each card would save the typical American, as well as frequent travelers, after five years.

  • InvestorPlace3 days ago

    Citigroup Earnings Beat EPS Target, But Revenues Disappoint

    The second-quarter earnings kickoff began in earnest, with Citigroup (NYSE:C) releasing its Q2 fiscal 2018 results. This is a critical moment for the big bank, as well as its rivals JPMorgan Chase (NYSE:JPM) and Wells Fargo (NYSE:WFC), which also released their earnings results. Just prior to the Q2 report, C stock had the worst performance on a year-to-date basis among the big banks, which also includes Bank of America Corp (NYSE:BAC).

  • Rate Hikes and Technology Boost BofA’s Operating Efficiency
    Market Realist3 days ago

    Rate Hikes and Technology Boost BofA’s Operating Efficiency

    Since the 2008 recession, Bank of America (BAC) and other major bankers (XLF) have continued to focus on lower administrative expenditure and higher spending on technology to improve operating efficiency. Bank of America’s non-interest spending fell 1% to $13.9 billion in the first quarter, giving it an efficiency ratio of 60.0%. Its spending declined despite its increased allocation toward technology, which improved its efficiency and margins. In the second quarter, Bank of America’s spending is expected to be flat sequentially, and rise marginally year-over-year due to higher compensation expenses. Bank of America’s Consumer Banking segment’s spending on technology and card, retail, and lending enhancements has increased. Its global wealth expenses rose 3% due to compensation for fund performance.

  • Investopedia3 days ago

    Bank of America Reports With Risk of 'Death Cross'

    Bank of America Corporation ( BAC) is now the second largest of the four "too big to fail" money center banks after swapping positions with Wells Fargo & Company ( WFC) at the end of the first quarter. Bank of America shares are above my semiannual pivot of $28.47 and below the 50-day and 200-day simple moving averages converging at $29.53 and $29.45, setting the stage for a "death cross" on a negative reaction to earnings. A "death cross" cross occurs when the 50-day moving average falls below the 200-day moving average to indicate that lower prices lie ahead.

  • How BofA’s Valuation Has Fared Amid Opportunities and Challenges
    Market Realist3 days ago

    How BofA’s Valuation Has Fared Amid Opportunities and Challenges

    Bank of America (BAC) stock has fallen 5.6% in the last six months and risen 14.5% in the last year. Bank of America has declined in recent months on expectations of lower offtake and trading activity. Bank of America has improved its operating margins through lower administrative spending and higher efficiency backed by technology investments.

  • Options Traders Expect Huge Moves in BofA (BAC) Stock
    Zacks3 days ago

    Options Traders Expect Huge Moves in BofA (BAC) Stock

    BofA (BAC) needs investors to pay close attention to the stock based on moves in the options market lately.

  • Bank of America Could Increase Payouts
    Market Realist3 days ago

    Bank of America Could Increase Payouts

    All major banks (XLF) but Deutsche Bank passed this year’s stress tests. While Goldman Sachs (GS) and Morgan Stanley (MS) were given a pass with the condition of not increasing shareholder payouts, JPMorgan Chase (JPM) and Citigroup (C) have announced an increase in dividends and buybacks since passing the stress tests.

  • Is Wells Fargo Stock Worth Buying Ahead of Earnings?
    InvestorPlace4 days ago

    Is Wells Fargo Stock Worth Buying Ahead of Earnings?

    Earnings season is upon us and that means we’re about to get a look at the banks. Specifically, Wells Fargo (NYSE:WFC), JPMorgan Chase (NYSE:JPM) and Citigroup (NYSE:C) report on Friday before the open. Does that mean we should look to buy WFC stock or any of the others ahead of the event?

  • Investopedia4 days ago

    Wells Fargo Could Confirm Turnaround on Earning Beat

    Wells Fargo & Company ( WFC) was reported to be the third largest of the four "too big to fail" money center banks in the first quarter. This was a decline from number two, while Bank of America Corporation ( BAC) moved from third to second. The stock closed Wednesday, July 11, at $56.07, down 7.6% year to date and in correction territory at 15.4% below its 2018 high of $66.31 set on Jan. 29.

  • What Could Drive Bank of America’s Core US Banking Business
    Market Realist4 days ago

    What Could Drive Bank of America’s Core US Banking Business

    The Fed’s hawkish monetary policy started widening banks’ (XLF) net interest margins in 2016. However, margins have stabilized, and any further rate hikes from here on could pressure banks’ credit offtake rather than expanding their interest income. Amid higher borrowing costs, banks’ focus has shifted toward retail and credit card lending.

  • Will Investment Banking Fees Support BofA (BAC) Q2 Earnings?
    Zacks4 days ago

    Will Investment Banking Fees Support BofA (BAC) Q2 Earnings?

    Investment banking fees are expected to witness modest improvement in Q2. Therefore, this will likely aid BofA's (BAC) earnings to some extent.

  • BoFA and Other Bankers Refocus on US Lending
    Market Realist4 days ago

    BoFA and Other Bankers Refocus on US Lending

    US commercial bankers (XLF) have expanded their global banking business by focusing on Europe, emerging markets, and the Middle East in the last couple of years. As rates were rising at a faster pace in the United States, banks were hoping to compensate for lending growth outside the country. Europe is the only non-US market that is strong, and the European Central Bank has indicated it may be reversing its monetary policy in December.

  • 3 Top Bank Stocks to Buy in July
    Motley Fool4 days ago

    3 Top Bank Stocks to Buy in July

    With bank earnings around the corner, here are three banks to buy.

  • InvestorPlace4 days ago

    Can Bank of America Outrun the Financial Sector’s Troubles?

    The banking sector is facing its deepest correction in almost three years. Ever since the 2016 election put Donald Trump in office, financial stocks have gone straight up. The tailwinds that powered financial stocks up are rapidly fading.

  • How Bank of America is Expanding Its Wealth Division
    Market Realist5 days ago

    How Bank of America is Expanding Its Wealth Division

    Asset managers and bankers with asset management segments (XLF) had a great ride in 2017, helped by broader markets. Asset managers are expected to continue to see strong flow in the second quarter in the United States, mainly due to marginal wage growth and lower corporate tax and unemployment. Bank of America’s (BAC) wealth management segment manages $2.7 trillion across products and regions.

  • Motley Fool5 days ago

    Citigroup: Cheap but Risky

    Citigroup's valuation is low, but there's a reason for that.

  • Motley Fool5 days ago

    Bank of America: A Great Turnaround Story

    The big bank has come a long way since the financial crisis.

  • BoFA’s Trading Income Set to Decline Sequentially
    Market Realist5 days ago

    BoFA’s Trading Income Set to Decline Sequentially

    The first quarter brought high volatility due to the Fed indicating that rate hikes would speed up this year, resulting in global equities correcting. Volatility then declined marginally, and equities bounced back in mid-June due to expected growth across sectors. Bank of America’s (BAC) trading activity is expected to fall sequentially in the second quarter, due to weaker equity trading offset by slightly higher debt trading.